2 Days
Source:
LBCI Lebanon
Source: LBCI Lebanon
2 DaysLBCI Lebanon
Source: LBCI Lebanon
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Newspaper reports noted that mayors in areas near the front lines were distancing themselves from the positions of political parties and official authorities. They also reported arrests and the seizure of hundreds of thousands of dollars during a raid in an upscale Beirut neighborhood, amid suspicions of fraud and embezzlement. Recent geological surveys in areas that could potentially be developed reportedly yielded negative results, while the transfer of employees from a state-owned company to a newly established entity raised questions amid a broader push toward privatization. In the markets, the Nasdaq 100 fell by more than 4% and the S&P 500 by around 2.5%. Intel shares lost 31%, while gold fell by as much as 3.6% to $3,876.39 an ounce, with Brent crude trading near $117.64. In the Dhahr al-Baydar explosives case, a legal source said the prosecution had not classified the matter as terrorism, and that referring it to the Court of Justice would require separate legal grounds.
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